Article Summary, Automatically Generated By AI
About 4ART Coin
Key Points
- 4ART creates a modern world of art on blockchain using smart contracts via their 4ARTapp.
- The project aims to establish a robust technical ecosystem to authenticate, catalogue, and appraise collectors’ assets.
- 4ART fights against counterfeiting and imitation in the art industry.
- The company strives to lay the foundation for a single digital standard for the global art industry.
Founders and Team
- Founded in 2017 by Niko Kipouros, a respected art dealer and collector.
- Co-founder and CEO: Peter Steiner.
- Influential
Introducing 4ART Coin: Revolutionizing the Art World
Introducing 4ART Coin (4ART): A Revolutionary Digital Asset
4ART pioneers a revolutionary art world on the blockchain, harnessing the power of smart contracts through its innovative 4ARTapp. At the core of this visionary project, 4ARTechnologies bridges the gap between traditional art and the digital realm, leveraging the unparalleled security and reliability of blockchain technology. By building a robust technical ecosystem, the developers strive to provide a comprehensive platform for authenticating, cataloguing, and appraising collectors’ valuable assets.
The art market is experiencing rapid growth, underscoring its significance as a valuable asset class for investors. Meanwhile, 4ART Technologies is poised to offer an optimal and practical solution to the prevailing challenges plaguing the art business. By combating the scourges of counterfeiting and imitation, which have tarnished the reputation of the art industry and eroded the art market, 4ART is revolutionizing the sector. Their innovative 4ARTpassport enables collectors and enthusiasts to seamlessly integrate the recorded provenance of a work of art, accompanied by its unique and identifiable 4ARTdna, thereby capturing every change of state and change of ownership with precision.
According to 4ARTechnologies, the company endeavors to establish a unified digital standard for the global art industry, thereby creating a singular platform where all market participants can converge, driving down costs while ensuring transparency, safety, and efficiency within the digital ecosystem.
The Visionaries Behind 4ART Coin: Meet the Founders
In 2017, 4ARTechnologies was established with the vision of introducing unprecedented transparency, security, and process efficiency to the arts market. The company has since developed a cutting-edge transaction and cataloging platform, seamlessly integrating the vast potential of blockchain technology with its patented, innovative authentication solutions.
With its headquarters situated in Switzerland, the company boasts a team of approximately 46 employees. The visionary behind this endeavour is Niko Kipouros, a renowned art dealer and esteemed collector with over 20 years of experience. Recognizing the inherent flaws in the contemporary art market, Kipouros seized the opportunity to revolutionize the industry. By collaborating with like-minded individuals and enlisting the expertise of partners and art world specialists, he successfully laid the groundwork for a new era in the digital age.
Kipouros’ colleague and co-founder of 4ARTechnologies, Peter Steiner, assumes the dual role of CEO and Board member within the company. Notably, Rolf Maier, the pioneering investor of 4ART, is also a prominent partner in the project.
Unveiling the Unparalleled Characteristics of 4ART Coin
The 4ART platform leverages a patented, cutting-edge authentication technology courtesy of its technical partner, Atlantic Zeiser GmbH. This innovative development enables users to register unique “fingerprints” of artworks on the blockchain, augmenting this information with crucial details about the art’s provenance. This solution effectively tackles the pervasive issue of art counterfeiting, and remarkably, only requires a smartphone and the mobile app.
Thus, the hallmark characteristics of 4ART are as follows:
The project effectively eradicates the problem of art forgery and counterfeiting by capturing the unique “fingerprint” of an art piece, which is then securely stored on the blockchain, ensuring its authenticity and protecting it from potential hacking threats.
Transactions are rendered transparent without sacrificing confidentiality. 4ART ensures that the data of sellers, buyers, and investors remains entirely confidential, a feat effortlessly achieved through the innovative synergy of blockchain technology and smart contracts;
Accurate reports on the current state of a piece of art are an indispensable component of any transaction, and with the assistance of 4ARTapp, comprehensive documents are generated and restored in mere minutes, all at a remarkably affordable cost for the service;
4ART serves as a trusted intermediary, providing comprehensive support to users throughout every stage of the transaction, encompassing title deeds, loans, refurbishment, transportation, and insurance. Moreover, confidential information can be segregated upon request, thereby ensuring transparency while preserving individual anonymity.
On the 4ART platform, artists can monetize their creations while ensuring the anonymity of their patrons, thereby safeguarding their privacy.
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What Is the Total Supply of 4ART Coin (4ART) in Circulation?
Introducing the 4ART Coin (4ART), an internal token of 4ARTechnologies, seamlessly deployed on the Ethereum blockchain, boasting a total supply of 3,508,500,000 coins.
4ART is a bespoke cryptocurrency tailored to the art world, serving as the nucleus of a comprehensive ecosystem and a secure transaction platform. By ensuring the integrity of financial transactions, 4ART empowers users to conduct sales with confidence, mitigating the risk of potential losses.
4ARTechnologies clients can avail themselves of a 20% discount when settling invoices for services within the 4ARTapp ecosystem, with the convenience of payment in $4ART. Notably, 4ART Coin has been formally recognized as a utility token by the esteemed Swiss Financial Market Supervisory Authority (FINMA).
The 4ART Coin Network’s Security Framework: A Robust Defense Mechanism
$4ART is an ERC-20 token built on the Ethereum blockchain, where every transaction is meticulously governed and controlled by self-executing smart contracts.
Personal data is safeguarded by robust technical and organizational measures, which are continually refined to keep pace with technological advancements. 4ARTechnologies collects and utilizes personal data to provide platform services in a dependable and secure environment. The data is employed securely for legitimate commercial purposes, as stipulated in a prearranged agreement.
4ARTechnologies stands at the forefront of digital art innovation, prioritizing the safety and transparency of all stakeholders. Through their freely downloadable NFT+ app, the developers provide pioneering, tried-and-tested solutions for creators and collectors alike.
Where to Acquire 4ART Coin (4ART): A Comprehensive Guide
As of October 2021, the 4ART Coin (4ART) has been listed on Bittrex, a premier cryptocurrency exchange renowned for its uncompromising security protocols and rigorous data storage practices.
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